Mosfellsbær forecasts 531 million krona surplus for 2027

Mosfellsbær municipality is forecasting an operating surplus of 531 million krona across its A and B sections in 2027, according to a budget proposal reported by mbl.is. The proposal was presented for its first discussion in the municipal council on Wednesday.

The budget estimates an operating surplus of 266 million krona for the A section and includes 270 million krona in planned efficiency savings, equal to about 1.2 per cent of the municipality’s operating expenses.

Mosfellsbær plans to invest nearly 4.4 billion krona next year. Projects include work on the sports grounds at Varmá, school building renovations and road construction.

The municipal income tax rate will remain at 14.97 per cent, while fees are generally set to rise by 2.5 per cent. The property tax rate on residential housing will fall from 0.190 per cent to 0.187 per cent. However, the municipality expects the average property tax bill to increase by 2.1 per cent because of higher property valuations.

Mayor Hilmar Gunnarsson said the first budget from the majority coalition of the Independence Party and Viðreisn prioritises responsible finances in a difficult operating environment. He cited inflation, wage increases and financing costs as pressures on municipalities, and said the goal was to keep charges moderate and support residents and families.